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20121120
Search Results 0 to 14 of about 15 (some duplicates have been removed)
or are we more likely to see topless pictures of speaker boehner before we see a willingness to compromise. >> i wish i could get that imagine out of my head. >> i apologize but that's the reality. >> maybe yours. everybody is saying, look, john boehner has talked about the possible of raising revenues, he looks really reasonable now. he hasn't said no. the big question is, we've talked about this since the election, you and i and others, that what's at stake here is whether boehner can actually cut a deal and still remain speaker of the house. that is there isn't a mutiny, there isn't an opening on the right for a rebellion against him. he could not do that last time around in the summer of 2011 when the president tried to reach this grand bargain with him. it was clear to people working with him and in the room, democrats and members of the administration, that he himself would have cut that deal and would have, you know, walked away and held the president's hand and said look what we can do when we're adults in washington. but he was told by members of his own party, if you do that, our
and political breakthrough? then if president obama and john boehner can rise above and get a deal done for the fiscal cliff, there is a lot of money that could be made in stocks. and why shouldn't top military and business leaders maintain an honorable code of conduct? isn't it better to have a moral center? general david petraeus is a great man. but he made, unfortunately, a great mistake. first up, are we on the verge for american oil revolution? according to the international energy agency, the u.s. will overtake saudi arabia as the world's largest oil producer that before the year 2020. but -- don't get your hopes completely up as the epa could block this fantastic market-driven advance. nobody better to talk about it is john hofmeister. john, it is a pleasure to have you here. now, is it credible, first of all the report, we will overtake the saudis? >> report is credible. the iea is smart, good analysts. we have the reserves, no question we have the reserves. in the ground today. number two, we have the technology to get the reserves out of the ground. and number three, we have t
closing loopholes. that is a reputation of what john boehner suggested in the days since the president has been re-elected. >> that's totally right. a key point, the simpson-bowles tax idea is kind of a magic pony, right. everyone agrees in the ab instruct, we can bring down the rates, close loopholes and deductions and raise revenue. if that's such a wonderful idea how come it's only come up now. how come no one has done it. the reason is because it's really, really hard politically. once you get into the specifics. if you're trying to tie all the revenue to this abstract tax reform idea you're going to get into a position where the revenue is about never going to happen because once you get into reality it doesn't materialize. >> you have to do both, john. you have to do -- you have to raise the the rates and close loopholes to get the amount -- >> just raise the rates. >> you can't raise the rates high enough to produce $1.6 trillion. >> you can get $900 billion from expiring the bush tax cuts. >> and where do you get the other $700 billion from from. >> do a little reform and cut the r
. the president still insisting letting the bush tax cuts expire. meanwhile, house speaker john boehner remaining opposed to raising these tax cuts. do you think because of a lot of attention and oxygen being taken up in washington, d.c. with what's taking place with petraeus and allen there will be a way for like minds to come to a come prose mize. >> you're absolutely right, thomas. the media coverage is on these emerging facts on petraeus and other cases. the answer is, i think so, i hope so. we're not there yet. we have six weeks to work this out. two parts of the fiscal cliff, are across the board cuts. we'll be able to come one an alternative way to reduce the deficit in a smarter way to avoid that. the tax piece is a lot tougher and a lot bigger, the president as you know, we should immediately act, we the congress, to extend tax relief for 98% of the american people. in fact, taxpayers would get tax relief on first 250,000 in income. if we want to address the long-term deficit, it has to do with the cliff. speaker boehner needs to come forward and put that on the table as the president ha
boehner today or not? >> no. this was no olive branch, larry. i was quite disappointed with that speech and press conference. and you noted that the stock market really collapsed as president obama was speaking because he seems not just today but the event that he had on friday, the two statements that he's made, he's been pretty emphatic that he wants those tax rates to go up, come hell or high water. that is going to lead to a mexican standoff with the republicans if he sticks with that position. i'd like to make one other point about that press conference, larry. i listened to the whole 45 minutes to 60-minute press conference, and not once that i could hear in that speech did he talk about the most important thing, which is cutting government spending. why don't we get the government spending down and then talk about raising taxes? >> you know, if you google up spending and obama, you know what you get? nothing. blank pages. you get nothing. >> in fact, larry, he said he wants his $100 billion stimulus, he wants more spending when he's talking -- trying to talk about lowering the de
a split and one of the interesting ways you can follow it has to do with what -- john boehner versus paul ryan. boehner is pushing for conference shame, republican congresswoman rogers while ryan is pushing tom price who used to run the conservative caucus in the house. if most of the caucus is getting behind them then it's a sign they'll dig in their heels. if they're going with boehner, it's a sign they'll deal. >> i want to bring in a democrat on both the armed services committee and select committee on intelligence and the fiscal cliff if i might. do you think the republicans will come to play? >> i believe that they will. it's my hope that everyone has gotten the message loud and clear that the american people expect us to compromise, democrats and republicans coming together to solve the fiscal cliff issue but in a balanced way and that is certainly what president obama has campaigned on protecting a strong middle class, allowing the tax cuts to expire above $250,000, but we can't be afraid to compromise but we can do that without compromising our principles. >> is part of this deal
. >>> if the fiscal cliff negotiations seem familiar, we've seen the movie before. president obama and speaker boehner were unable to reach a debt deal in 2001. one of the by-products of the inaction was a downgrade of the country's credit rating. could this happen again? and what would it mean for the nation's financial standing across the globe? joining me is jared bernstein, senior fellow at the center for budget policies and priorities. good to see you again, when it comes to the credit rating, we've seen it happen before. all three credit rating agencies are saying you've got to put a deal together in washington, if you guys in washington don't get it done, we're going to downgrade your credit. >> we've seen this movie before. it's not a good movie. i will remind viewers that the last time standard and poors did take us down a notch, it actually didn't hurt our ability to finance our debt at all. so that was kind of blown off by the markets, but this time could be different. there's one interesting wrinkle here. i do believe that if the political discourse, which is actually sounding a little bet
the election, speaker boehner sate said the fight is over and it is i now the law of the land. do these refusals mean the fight may not be over? >> i think the federal government is prepared to run exchanges in the states that don't cooperate. speaker boehner is right, the congress will no longer talk about repealing the law. i think if congress we will see pb cans raising portions of the law they think are controversial or may be able to attract democratic votes and peel back smaller pieces of the health reform law. >> what's your best guess that the the states will adhere to the deadline. mid december ito make their attentions known. >> i think it is important to note the health reform law, people have to select plans beginning in ok of next year and the plans go live in the year following. there's not a lot of time between now and then. states want to run their state exchanges we will know by december which ones are ready and which aren't. >>> ahead, getting to the truth about ben benz. a house member who grilled general petraeus on captiol hill joins us in just a moment. yeah,
the talks and house speaker john boehner suggested the parties could reach broad agreement on revenue targets and savings from entitlement reforms to avoid the immediate budget cuts. the leaders said they would meet again after thanksgiving. all right, congressman mather, before we get to this political question, because i think the political question is really important. i think some of the stuff we saw in the election year really was the product of election year dynamics. and in a positive way. >> that's why we have elections. >> that's exactly right. people say that's politics. that's also known as democracy. that's also known as accountability. there's nothing wrong with it, right? before we get to the politics of that, and george i want to bring you in on that question, substantively, where do you want, what do you want to see? i mean if you're to say jerry mather, i make you emperor of america for -- for -- or emperor of these negotiations and you get to like sign the document and that's what we get, what is the end point you would like to see? >> the end point i would like to s
Search Results 0 to 14 of about 15 (some duplicates have been removed)